Ross Stores Trading Volume Plummets 41.75% to 306th Position

On May 1, 2025, Ross Stores (ROST) experienced a significant decline in trading volume, with a total turnover of $32.6 million, marking a 41.75% decrease from the previous day. This placed Ross Stores at the 306th position in terms of trading volume for the day. The stock price of Ross Stores also decreased by 0.05%, marking the second consecutive day of decline, with a total decrease of 1.31% over the past two days.

Analysts have recently shown increased optimism regarding Ross Stores' earnings prospects, as indicated by the company's Earnings ESP of +2.18%. This positive outlook suggests that analysts are bullish on the company's future performance.

In the most recent quarter, Ross Stores reported earnings per share of $1.79, surpassing the consensus estimate of $1.65 by $0.14. This strong performance highlights the company's ability to exceed market expectations.

Argus has raised its target price for Ross Stores to $148.00, reflecting a positive outlook on the company's future prospects. This adjustment in the target price is based on the company's strong performance and potential for growth.

Ross Stores operates a chain of off-price retail stores that offer a variety of branded and designer apparel and home accessories. The company's business model focuses on providing high-quality products at discounted prices, which has contributed to its success in the retail industry.